Global colorants market is projected to register a healthy CAGR of 6.2% in the forecast period of 2019 to 2026.
In this market research report, a market study and overview is carried out by taking into account market drivers, market restraints, opportunities and challenges for a particular business. Geographical scope of the products is also taken into consideration methodically for the major global areas such as Asia, North America, South America, and Africa. This helps delineate strategies for the product distribution in those areas. Colorants market report estimates the size of the market with respect to the information on key retailer revenues, development of the industry by upstream and downstream, industry progress, key companies, key developments, along with market segments and application. This superior colorants market report is presented with a full devotion and dedication to the clients that extend their reach to success.
Competitive Analysis: Global Colorants Market
Some of the major players operating in this market are BASF SE, DIC Corporation, Clariant, Cathay Industries, Colorchem International Corp and others.
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Segmentation: Global Colorants Market
(Natural Color, Synthetic Color),
(Pigments, Dyes, Color concentrates, Masterbatches),
(Packaging, Paper & Printing, Textiles, Building & Construction, Automotive, Consumer Goods, Others),
(North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)
Synthetic food colorants are most probably used because of their low cost and high stability. In order to increase the market of natural colorants, one of the opportunities for the manufacturers is reducing the cost of the product. Natural pigments are better than synthetic one as they don’t have much impact on environment.
- Natural colorants are basically derived from plants and don’t have much bad impact on the environment. These dyes are biodegradable and have antimicrobial properties with no carcinogenic properties. It is also used as pH indicators and food coloration. Some of the companies produced natural dyes and they are gaining popularity all over the world possibly due to ban on some azo synthetic dyes which were found to be carcinogenic. If they make the product cost efficient to the people, it will be a biggest way for the company to increase its manufacturing.
- The effective cost and easy availability of synthetic dyes made dyers to shift towards the use of synthetic colors. But, natural dyes holds much more advantages as compared to synthetic dyes such as, doesn’t cause harm to skin, sustainable as they are renewable, possess a wide variety of antimicrobial and medicinal properties. There are some brands that use natural dyes and are very much expensive. In order to increase its market value, the manufacturers need to decrease the cost of natural dyes.
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